#CardanoDebate The founder of Cardano, Charles Hoskinson, proposed to use 140 million ADA (~100 million USD) from the treasury to stimulate the growth of DeFi by purchasing BTC and stablecoins based on Cardano (USDM, USDA, IUSD).

ADA dropped by 6% after the announcement, as the community remains divided. Some view this as a bold step towards the maturity of the ecosystem, while others argue that it is risky given the market conditions and governance issues.